Featured Company

Featured Company

Featured Company

Featured Company

With millions of Kindles bought (and many gifted) this holiday
season, authors can earn a share of both the regular monthly fund and
the bonus every time their book is borrowed from the Kindle Owners’
Lending Library on Amazon.com, Amazon.co.uk, Amazon.de and Amazon.fr

In the first full year of KDP Select, Amazon will pay authors more
than $7 million from the KDP Select fund; over 500 KDP Select books have
reached the top 100 Kindle best seller lists around the world

(NASDAQ:AMZN)—Amazon.com, Inc. today announced that a bonus of $1.5
million has been added to the KDP Select global fund this holiday
season. This is on top of the regular monthly fund during the
three-month period from December-February. December’s regular monthly
fund is $700,000, plus $700,000 of the $1.5 million holiday bonus will
be paid out for December, doubling the total amount available to authors
in December to $1.4 million. The remainder of the $1.5 million bonus
will be paid on top of the regular fund in January and February as well.
Authors worldwide can earn a share of the total global fund every time
their book is borrowed from the Kindle Owners’ Lending Library on
Amazon.com, Amazon.co.uk, Amazon.de and Amazon.fr, and reach more
readers than ever before.

“This holiday season, millions of customers will open new Kindles, and
if they’re Amazon Prime members they can borrow a book from the Kindle
Owners’ Lending Library for free. The unusual thing about KDP Select is
that when this happens authors get paid. With record Kindle sales
worldwide, and the recent expansion of the lending library to Europe, we
expect the number of books borrowed this holiday season to increase
significantly,” said Russ Grandinetti, Vice President of Kindle Content.
“We’ve seen authors experience incredible success with KDP Select – in
only a year it’s become commonplace to see KDP Select books on our best
seller list.”

KDP Select was introduced in December 2011 to enable independent authors
using KDP to reach the growing audience of millions of Amazon Prime
members and earn more money through the Kindle Owners’ Lending Library.
Here’s how it works: if a KDP author or publisher enrolls any of their
books in KDP Select, which may be done in 90-day increments during which
their books must be exclusive to the Kindle Store, those books are
eligible to be included in the Kindle Owners’ Lending Library. They can
then earn a share of the global fund every time their book is borrowed,
and borrows from the lending library count toward a book’s sales rank on
Amazon. Authors can enroll any of their titles, including their full
catalog. They also have access to a self-service promotional tool which
gives them the option to offer their enrolled titles for free for up to
five days every 90 days, which many authors have found to be a great way
to engage more readers and find new audiences.

First-Year Milestones

KDP Select has proven to be an entirely new growth opportunity for
authors and publishers. Milestones over the past year include:

After enrolling in KDP Select, over 500 books have reached the top 100
Kindle best seller lists around the world, including “Stop the
Wedding!” by Stephanie Bond and “The Unwanted Wife” by Natasha Anders.

KDP authors will have earned more than $7 million from the KDP Select
global fund through November, on top of increased royalties from paid
sales.

KDP Select books have been purchased, borrowed from the Kindle Owners’
Lending Library, or downloaded for free through KDP Select promotions
over 200 million times.

Author Successes

During the past year, authors have experienced incredible success after
enrolling books in KDP Select. Here’s what some of them are saying: